$39.77M
Revenue
$-33.06M
Net Income
45.31%
Gross Margin
3.93%
Op. Margin
$1.57M
Free Cash Flow
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $39.77M | $15.71M | $68.68M | $48.93M | $30.66M | $15.45M | $41.05M | $6.41M | - | $131.25K | $175.00K |
| Revenue Growth % | 153.2% | -77.1% | 40.4% | 59.6% | 98.5% | -62.4% | 540.3% | nan% | nan% | -25.0% | nan% |
| Cost of Revenue | $21.75M | $7.94M | $7.64M | $33.23M | - | - | $30.43M | $1.90M | - | - | - |
| Gross Profit | $18.02M | $7.77M | $61.04M | $15.70M | - | - | $10.62M | $4.51M | - | - | - |
| Gross Margin % | 45.3% | 49.5% | 88.9% | 32.1% | nan% | nan% | 25.9% | 70.3% | nan% | nan% | nan% |
| Operating Expenses | - | - | - | $54.67M | $31.76M | $17.97M | $44.08M | $7.80M | $269.84K | $342.57K | $353.05K |
| Operating Income | $1.57M | $-12.00M | $-19.94M | $-5.74M | $-1.10M | $-2.52M | $-3.04M | $-1.39M | $-269.84K | $-211.32K | $-178.05K |
| Operating Margin % | 3.9% | -76.4% | -29.0% | -11.7% | -3.6% | -16.3% | -7.4% | -21.7% | nan% | -161.0% | -101.7% |
| Interest Expense | $271.10K | $4.59M | $11.44M | $4.59M | $1.30M | $460.56K | $1.21M | $616.38K | - | - | - |
| Other Income/Expense | $-66.09K | $-1.26M | $-213.39K | $-11.45K | $876.00 | $-24.27K | $15.01K | $-370.17K | - | - | - |
| Income Before Tax | $-29.82M | $-107.51M | $-31.22M | $-12.48M | - | $-3.46M | $-4.58M | $-1.76M | $-269.84K | - | - |
| Income Tax Expense | $1.40M | $-702.00K | $391.86K | $-1.68M | $218.14K | $-431.63K | $-1.20M | $-1.09M | - | - | - |
| Net Income | $-33.06M | $-100.00M | $-30.01M | $-10.16M | $-3.59M | $-10.20M | $-3.38M | $-668.18K | $-269.84K | $-211.32K | $-178.05K |
| Net Margin % | -83.1% | -636.5% | -43.7% | -20.8% | -11.7% | -66.1% | -8.2% | -10.4% | nan% | -161.0% | -101.7% |
| Basic EPS | 357.00 | -37.69 | -90.10 | -8.36 | -0.70 | -2.60 | nan | nan | nan | nan | nan |
| Diluted EPS | 355.66 | -37.69 | -90.10 | -8.36 | -0.70 | -2.60 | nan | nan | nan | nan | nan |
| Basic Shares Outstanding | 37.1M | 2.7M | 365K | 2.4M | 4.7M | 3.7M | - | - | - | - | - |
| Diluted Shares Outstanding | 357.7M | 2.7M | 365K | 2.4M | 11.2M | 3.7M | - | - | - | - | - |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $2.50M | $766.41K | $1.08M | $1.38M | $1.80M | $238.76K | $501.42K | - | $415.00 | - |
| Accounts Receivable | $5.83M | $7.55M | $5.22M | $3.38M | $859.72K | $2.45M | $310.36K | - | $100.00K | $62.50K |
| Inventory | $474.65K | $9.00M | $4.18M | $5.43M | $2.33M | $1.62M | $836.57K | - | - | - |
| Other Current Assets | $568.52K | $1.04M | $379.88K | $582.05K | $819.57K | $1.12M | $174.88K | $369.00 | $369.00 | $369.00 |
| Total Current Assets | $12.63M | $18.71M | $11.23M | $11.14M | $5.87M | $5.73M | $1.82M | $369.00 | $100.78K | $62.87K |
| Property Plant & Equipment | $1.12M | $1.90M | $1.89M | $1.70M | $2.32M | $3.37M | $6.10M | - | - | - |
| Goodwill | $5.31M | $9.81M | $19.45M | $19.45M | $6.01M | $5.00M | $22.17K | - | - | - |
| Intangible Assets | $12.52M | $4.97M | $9.99M | $11.44M | $3.89M | $1.89M | $28.33K | - | - | - |
| Long-term Investments | - | - | - | - | $276.27K | - | - | - | - | - |
| Other Non-current Assets | - | - | $82.20K | $85.69K | - | - | - | - | - | - |
| Total Assets | $33.65M | $39.37M | $45.48M | $47.01M | $19.24M | $19.23M | $8.08M | $375.00 | $100.79K | $62.88K |
| Short-term Debt | - | - | - | - | - | - | $126.00K | - | - | - |
| Deferred Revenue | $1.20M | $5.45M | $3.06M | $3.47M | $3.37M | - | - | - | - | - |
| Total Current Liabilities | $124.56M | $28.14M | $14.16M | $12.43M | $8.08M | $16.66M | $3.86M | $670.26K | $500.83K | $251.59K |
| Total Liabilities | $130.11M | $59.41M | $42.59M | $45.45M | $15.99M | $23.23M | $8.57M | $670.26K | - | - |
| Common Stock | $25.40K | $916.00 | $4.08K | $4.84K | $4.44K | $3.17K | $623.00 | $7.00 | $7.00 | $7.00 |
| Retained Earnings | $-175.10M | $-74.84M | $-41.92M | $-19.91M | $-13.86M | $-4.40M | $-1.16M | $-685.89K | $-416.04K | $-204.72K |
| Total Stockholders Equity | $-94.62M | $-18.73M | $2.60M | $1.47M | $4.13M | $-4.00M | $-485.19K | $-669.88K | $-400.04K | $-188.71K |
| Total Liabilities & Equity | $33.65M | $39.37M | $45.48M | $47.01M | $19.24M | $19.23M | $8.08M | $375.00 | $100.79K | $62.88K |
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-33.46M | $-100.00M | $-30.01M | $-10.16M | $-3.59M | $-10.20M | $-3.38M | $-668.18K | $-269.84K | $-211.32K | $-178.05K |
| Depreciation & Amortization | $2.27M | $655.66K | $2.24M | $2.04M | $908.98K | $1.45M | $1.35M | $1.13M | - | - | - |
| Stock-based Compensation | - | - | - | - | - | $191.39K | - | - | - | - | - |
| Deferred Income Tax | $-845.00K | $-73.00K | $156.00K | - | - | - | - | - | - | - | - |
| Change in Receivables | $4.69M | $-416.96K | $475.44K | $1.84M | - | $-352.49K | $1.45M | $-153.67K | - | $-37.50K | $-50.00K |
| Change in Inventory | $-101.19K | $-797.00K | $-755.37K | $-1.21M | - | - | - | - | - | - | - |
| Operating Cash Flow | $1.57M | $-12.61M | $-7.54M | $-4.13M | $-1.07M | $3.93M | $-1.92M | $-416.69K | $-11.16K | $-54.73K | $-27.93K |
| Capital Expenditure | - | $1.22K | $240.84K | $256.68K | $177.47K | $159.23K | $191.03K | $1.15M | - | - | - |
| Acquisitions | - | $16.28M | $3.65M | - | $15.86M | $-1.41M | - | - | - | - | - |
| Purchases of Investments | - | - | - | $881.00 | - | $276.27K | - | - | - | - | - |
| Investing Cash Flow | $-18.34M | $891.80K | $-3.89M | $-160.42K | $-15.04M | $1.13M | $-47.32K | $-438.21K | - | - | - |
| Stock Issued | - | - | - | - | $-6.05M | - | - | - | - | - | - |
| Stock Repurchased | - | - | - | $590.16K | $1.03M | - | - | - | - | - | - |
| Dividends Paid | - | - | - | $1.09M | - | - | - | - | - | - | - |
| Financing Cash Flow | $5.44M | $15.23M | $11.12M | $3.99M | $16.38M | $4.63M | $1.88M | $1.36M | $10.74K | $55.14K | $27.93K |
| Net Change in Cash | - | - | - | - | - | - | $-95.12K | $501.42K | $-415.00 | $415.00 | - |
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing
Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $13.56M | - | $36.45M | - |
| Cost of Revenue | $6.90M | - | $17.90M | - |
| Operating Income | $2.63M | - | $5.00M | - |
| Interest Expense | $1.09M | - | $54.93K | - |
| Other Income/Expense | $-89.88K | - | $-79.56K | - |
| Income Before Tax | $33.20M | - | $57.42M | - |
| Income Tax Expense | $579.00K | - | $1.35M | - |
| Net Income | $32.28M | $-4.91M | $54.48M | - |
| Basic EPS | 0.87 | - | 1.70 | - |
| Diluted EPS | 0.09 | - | 0.16 | - |
| Basic Shares Outstanding | $37.12M | - | $31.83M | - |
| Diluted Shares Outstanding | $357.66M | - | $349.89M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $2.19M | $2.46M |
| Accounts Receivable | $7.01M | $5.36M |
| Inventory | $17.61K | $18.53K |
| Other Current Assets | $595.45K | $478.39K |
| Total Current Assets | $15.99M | $12.63M |
| Property Plant & Equipment | $866.98K | $1.12M |
| Goodwill | $5.31M | $5.31M |
| Intangible Assets | $11.80M | $12.52M |
| Total Assets | $35.91M | $33.65M |
| Deferred Revenue | $476.16K | $1.20M |
| Total Current Liabilities | $70.38M | $124.56M |
| Total Liabilities | $76.71M | $130.11M |
| Common Stock | $38.21K | $25.40K |
| Retained Earnings | $-120.84M | $-175.10M |
| Total Stockholders Equity | $-38.84M | $-94.62M |
| Total Liabilities & Equity | $35.91M | $33.65M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $32.28M | $-4.91M | $54.48M | - |
| Depreciation & Amortization | $362.67K | - | $1.07M | - |
| Deferred Income Tax | - | - | $53.00K | - |
| Change in Receivables | - | - | $1.65M | - |
| Change in Inventory | - | - | $-924.00 | - |
| Operating Cash Flow | - | - | $2.99M | - |
| Capital Expenditure | - | - | $109.34K | - |
| Investing Cash Flow | - | - | $-896.08K | - |
| Financing Cash Flow | - | - | $-3.23M | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.